1. New York
  2. Mount Vernon
  3. 416 Highland Avenue
$500,000

416 Highland Avenue, Mount Vernon, NY 10553

  • 5 beds |
  • 2 baths |
  • 3,000 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $167/sqft
  • Property List Date Icon Listed 18 days ago

Property Description

Calling all investors, builders, and visionaries, this fire-damaged legal 2-family offers endless upside just minutes from NYC! Located on a tree-lined street in the heart of Mount Vernon, this spacious 3,000 sq ft two-family home features a 1-bedroom unit over a 4-bedroom unit, the perfect setup for extended family, rental income, or dual investment. A large front sitting porch, mature landscaping, private driveway, and backyard complete the picture, all waiting to be brought back to life with your vision and skill. The home sustained fire damage and is not currently habitable. It is being sold strictly as-is, with no repairs or clean-out by the seller. Buyer is responsible for all due diligence, including permits and obtaining a new certificate of occupancy after closing. Cash buyers or rehab financing only. Property will not qualify for traditional mortgage financing in current condition. This is a rare opportunity to create your dream home while generating rental income, or to fully renovate and rent both units in a high-demand area. With imagination and investment, this property can be transformed into a beautiful multi-family residence that pays for itself over time. Transit & Access Highlights: • 6-minute walk to Metro-North Mount Vernon East Station, ideal for NYC commuters • 4–6 minute drive to I-95 via Hutchinson River Parkway • Local bus service (routes 42/53/55) just 3 minutes away Don’t miss your chance to restore and reimagine this diamond in the rough, a rare investor opportunity in this price range, especially in a market where inventory is extremely limited.

Listing Status:
Active
Listing Office:
Keller Williams Realty Group : 914-713-3270
MLS ID:
884292
  • General: Other
  • Basement: Walk-Out Access
  • A/C: None
  • Heating: OilOther

This listing courtesy of Keller Williams Realty Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Graham School

421 E 5th St, Mount Vernon, NY, 10553

Grades PK-8

0.23 miles away

B

Benjamin Turner Middle School

624 S 3rd Ave, Mount Vernon, NY, 10550

Grades 5-8

0.89 miles away

D

Denzel Washington School-Arts

121 S 6th Ave, Mount Vernon, NY, 10550

Grades 6-12

1.14 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.